NITI Aayog said India’s exports to the US could gain significantly as Washington imposes steep tariffs on China, Canada, and Mexico. India is also negotiating tariff relief and trade concessions during bilateral talks aimed at finalising a trade pact
A team from India’s Commerce Ministry is set to visit Washington for trade negotiations with the US. Talks aim to resolve tariff disputes on key sectors like dairy, autos, and steel as both nations work toward a bilateral trade pact
US President Donald Trump said the country is close to finalising a trade deal with India, as his administration sends out tariff letters to other nations. India, spared from this round, has three more weeks to conclude an interim agreement
On March 26, the US adopted a safeguard measure in the form of a tariff increase of 25 per cent ad valorem on imports of passenger vehicles and light trucks, and on certain automobile parts from India
The White House fact sheet, read by Trump says India's uniquely burdensome and duplicative testing and certification requirements in sectors such as chemicals, telecom products, and medical devices make it difficult or costly for American companies to sell their products in India
